Freedom technology maximalism. Running: Orange Label, Beefcoin, Hood Mining, Words, Guns.Team.
Publisher at Bitcoin Magazine.

Under the Rock

Fink could be the most powerful known figure in the world as CEO and founder fo BlackRock. As of the end of 2023, Blackrock had more than $9T1 in assets under management. Anyway, they are trying to own the world so you can own nothing and be happy. Besides that they entered the Bitcoin ETF race last week and are in the top performers for inflows2. So when I see Ian Carrol3 posting my spider sense goes off and I watch. I don’t make the rules.

The video got me jacked and I wanted to see a visualization of who owns BlackRock and who owns Merril Lynch AKA Bank of America. Pretty interesting findings.

BlackRock Ownership

Values are % of 100 and are as of January 2024.

So I didn’t do the “other research” that Ian Carrol suggested. He pointed out Italian Mafia connections and then pointed towards a connection that if you talk about generally gets you cancelled, I will let you look into it for yourself. I think an interesting finding in this chart is seeing firms that own BlackRock and Merrill Lynch. It feels incestuous, and probably is. I would be very interested to see this kind of chart for the top ten banks and investment firms. Also would be very interesting to see this for Bitcoin companies.

This gave me a great excuse to build a sankey chart and I will definitely be building more in the future. Will focus on customizing color to match style guide and also

  1. That’s $9,000,000,000,000 in AUM LINK ↩︎
  2. Bitcoin ETFs have been out for a week—here’s how they’re doing LINK ↩︎
  3. This guy is known for making this viral videos going down all kinds of “truther” rabbit holes. I embedded the actual video, because I think his profile will actually get nuked. Tweet -> LINK ↩︎
under the rock